The administrator of a Herts-based TV and film transport company said creditors would now receive some of their money back after it was able to sell off plant and machinery for more money than expected. […]
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Parcel, freight and secure courier specialist DX Group is investing £3.6m into upgrading its existing depot network. The £3.6m programme is part of DX Group’s wider growth plans and is expected to be completed by early July 2023. In the DX Freig…
Zenith reported “strong income growth” in its second quarter financial results, despite a challenging economic environment for the fleet management and leasing firm. Turnover for the three months ending 30 September increased by 24.3% to £161m c…
The government has announced an investment of up to £100m to improve roadside facilities for HGV drivers. From today (24 November), truck-stop and road service operators can bid for a share of the government’s £32.5m match-funding pot. This is i…
A Stoke-on-Trent haulage boss and five other defendants have been found guilty of running a large-scale money laundering operation involving up to £150m in cash. Disqualified director Marcus Hughes was convicted of conspiracy to launder cash at …
The Association of Fleet Professionals (AFP) is freezing its membership and training fees for at least a year in the face of high inflation, rising taxes and sluggish growth. Paul Hollick (pictured), chair at the industry body, said that there w…
Royal Mail is seeking permission from the government to stop making letter deliveries on Saturdays as it tries to reverse its multi-million pound losses in the first half of the year. Its non-executive chair, Keith Williams, said “urgent reform”…
Malcolm Group saw its turnover increase “substantially” in 2021 as the economy emerged from the Covid-19 pandemic restrictions, with pre-tax profit surging by a fifth. However despite seeing activity levels boosted in the first six months of thi…
Ahead of next Thursday’s Autumn Statement, the RHA is calling on Chancellor Jeremy Hunt to introduce a fuel duty rebate for HGVs of at least 15p per litre to help bring down prices. The RHA is also urging the government to extend the Energy…
Retailer Furniture Village has extended its six-year relationship with Asset Alliance Group by refreshing part of its home delivery fleet with 15 MAN and eight DAF trucks. The 7.5 tonne DAF LF 180 and MAN TGL 7.190 vehicles, supplied on a five-y…
Almost a fifth of transport and storage businesses have no cash reserves left, raising concerns there could be another repeat of the City Link disaster on Christmas Eve 2014. Government figures showed that 19.2% of transport companies – almost o…
A five-day cycle ride through the searing heat of Malawi by a group of logistics professionals has helped raise more than £230,000 for international transport charity Transaid. Clive Brooks (pictured), MD of Palletline-owned ABE Ledbury, joined …
DX Group’s largest shareholder has called for a vote to oust its executive chairman, Ron Series, after claiming his handling of a corporate governance inquiry had “severely harmed” perceptions by investors of the company. Gatemore Capital Manage…
A Stoke-based logistics firm that emerged from the pre-pack sale of an earlier haulier that had collapsed into administration has now also had to close down. Lovatt Transport & Warehousing acquired the goodwill, business and assets of Lovatt…